A group of 30 leading businesses, nonprofits and public sector organizations have joined forces to help facilitate and scale carbon markets by launching an open, multi-stakeholder initiative to develop a protocol that harmonizes the definitions and rules that standardize data describing carbon crediting projects and carbon credits across markets, geographies and activity types. The group’s Carbon Data Open Protocol (CDOP) aims to create the processes and definitions for greater standardization, transparency and fungibility to improve integrity and dramatically scale carbon markets, according to the committee-led initiative’s four co-chairs, The Global…
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Sylvera expands global reach with Estimated Ratings, offering early insights into 5,000 carbon projects by end of 2025
Sylvera, a leading carbon data platform, today announces that it has launched Estimated Ratings, a new product offering access to accurate, key information on a wide range of carbon credit projects around the world. Building on its reputation for market-leading data and insights, Sylvera is to assess thousands of new projects across project types and geographies, awarding an estimated rating. The estimated rating will appear as an anticipated range (for example, ‘A-BB’), of where Sylvera would expect the project to fall ahead of a more in-depth rating assessment when conducted. …
Read MoreUNDP and Sylvera launch Carbon Data Access Partnership to unlock Africa’s carbon potential
The United Nations Development Programme (UNDP) and leading carbon data platform Sylvera have launched a partnership at the margin of the 38th African Union Summit to provide better access to carbon market insights for African countries. The Carbon Data Access Partnership (CaDAP) will provide comprehensive data on carbon projects via Sylvera’s carbon data platform, giving participating countries’ governments access to insights on over 21,000 projects. The partnership will enable African government officials to have full sight of existing and planned carbon projects within their territories. By facilitating access to data,…
Read MoreSylvera bolsters carbon data capabilities with senior hire and acquires market-leading dataset
Sylvera, a leading provider of carbon ratings, tools and data, today announces the recent senior hire of Aaron Tam. Tam joins as Product Director to lead Sylvera’s Market Data team and strengthen its data proposition for customers. It comes as Sylvera announces a strategic investment into its data capabilities, with the acquisition of the exclusive rights to a market-leading pricing dataset for the voluntary carbon market. Sylvera already provides extensive project pricing data for clients, including historical pricing trends across vintages through several partnerships with external providers to enable customers…
Read MoreCarbon markets returned to growth in 2024 as part of ‘gradual but significant transition’, Sylvera finds
Sylvera, a leading carbon data platform, has today launched its State of Carbon Credits Report 2024 analysing market data to review the state of the market, discussing underlying drivers and future implications for buyers and investors. The report found that the market returned to growth in 2024, albeit at a marginal rate of 0.2%, mirroring a plateau that has affected the industry since 2021. Total retirements in 2024 amounted to 176 million. A gradual shift to higher-quality projects The report finds that total demand remains strong, driven by growing recognition that…
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